Minnesota’s Economic News — W/E 4/8/22
State and local taxes and spending KPVI: House passes Minnesota Renter’s Credit, but future in Senate remains in doubt Fox 9: $500 rebate checks left out as Minnesota House, Senate…
State and local taxes and spending KPVI: House passes Minnesota Renter’s Credit, but future in Senate remains in doubt Fox 9: $500 rebate checks left out as Minnesota House, Senate…
The State Senate passed a tax bill on Thursday that, among other things, would cut Minnesota’s bottom rate of state income tax from 5.35 percent to 2.80 percent. Refreshingly in…
A really bad bill that gives rights to plants and trees Rep. Kaohly Her (DFL-St. Paul) introduced a bill that gives constitutional rights to plants and animals. You read that…
The question of what to do with Minnesota’s forecast state government budget surplus of $9.3 billion is dominating political and policy discussion in the state right now. Such a decision…
State and local taxes and spending Star Tribune: Gov. Tim Walz proposes bigger rebate checks as surplus grows Kare 11: Gov. Walz unveils revised Minnesota state budget Knox Radio: MN…
State and local taxes and spending MPR News: GOP pushes to end taxes on Social Security, but many don’t pay them KNSI: Deal to Stop Minnesota’s Business Tax Increase Remains…
Thursday, Gov. Tim Walz unveiled his latest budget proposal. Never mind that a budget for the current biennium was actually passed last summer and that it provided for more state…
In 2017, the Minnesota Legislature established the Minnesota Premium Security Plan (MPSP), a reinsurance program that lowered premiums in the individual health insurance market by over 20 percent. Set to…
Despite a major initiative by state education officials, the number of high school seniors filling out college aid applications, a key predictor of interest in college, continues to decline. The…
On Monday, Minnesota Management & Budget announced that the state’s forecast budget surplus had grown to $9.3 billion. This is a staggering amount of money the state government is forecast…
Approximately one in every five Minnesotans has an occupation that requires a license. According to a 2017 report by the Institute of Justice (IJ), Minnesotans spend on average $238 in…
The local sales tax has become a popular way for cities to tackle projects that otherwise might have to wait for funding. The sales tax comes with an expiration date…
American Experiment launched the Give It Back campaign today to persuade Governor Tim Walz and the Minnesota Legislature to return the $7.7 billion state budget surplus to the taxpayers. The…
Minnesotans vote for the worst examples of government spending.
A poorly planned park and ride facility in Newport that cost $6.45 million to build and sits empty just five years after opening won the third Golden Turkey Award, given…
To say that the Minnesota’s government is awash with cash would be an understatement. After finishing the 2021 fiscal year with a $2.67 billion surplus, Minnesota is already surpassing its…
In response to Minnesota’s growing COVID-19 cases, reporters asked Gov. Tim Walz whether he would consider enacting a state of emergency that would enable him to enact some restrictions like…
In our new Policy Briefing ‘Minnesota must lift its hospital moratorium,’ we explain why state policymakers should repeal this law that restricts hospital capacity for no good reason. This law, which…
The COVID-19 pandemic has revealed some state policies in urgent need of reform. In the field of healthcare, two stand out. First, Minnesota should join the national Nurse Licensure Compact.…
You know how your radio goes out when you drive through the Lowry Hill tunnel? Imagine another tunnel twice as long a few miles down I-94 in St. Paul. That’s…
Xcel Energy recently requested approval to increase electricity rates from the Minnesota Public Utilities Commission (PUC). This rate increase, if approved by the PUC, would increase residential customer bills by…
How a small cadre of political radicals is hijacking the mission of the Minnesota Historical Society.
Gov. Tim Walz met with legislative leaders yesterday afternoon. No agreement was reached, so he sent lawmakers a post-meeting letter laying out what he wants in a special session: Among…
Three unions that always have DFL Gov. Tim Walz’s political back have left the governor out on a limb when it comes to rank-and-file support for his vaccine mandate for…